United Airlines Reaches Preliminary 4-Year Labor Agreement with Pilots, Including Significant Salary Increases of Up to 40%

Pilots from United Airlines are seen walking inside the airport as they participate in an informational picket at Newark Liberty International Airport in Newark, New Jersey on May 12, 2023. Eduardo Munoz | Reuters United Airlines and its pilots’ union have reached a preliminary labor agreement that includes salary increases of up to 40.2% over …

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United introduces new first-class seats in a much-awaited revamp after nearly a decade

United Airlines has unveiled its latest first-class seat, marking the airline’s first new seat in almost a decade. The new seat, designed for narrow-body domestic flights, features advanced technology such as armrest wireless charging stations and winged headrests. Additionally, there will be an 11-by-19-inch barrier between the seats, which will be arranged in a two-by-two …

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JetBlue and American Airlines terminate cross-ticketing deals

American and JetBlue have made the decision to stop selling seats on each other’s flights starting next Friday. This comes after a federal judge ruled that their partnership in the Northeast violated antitrust laws. The judge ordered the airlines to end their partnership, which allowed them to share passengers, revenue, and coordinate schedules in the …

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Summer brings added service for carriers, resulting in lower airfare

Passengers at Reagan National Airport in Arlington, Virginia on May 26, 2023. (Image: Andrew Caballero-Reynolds | AFP | Getty Images) The summer season is bringing cheaper flights as airlines ramp up their service. Recent U.S. inflation data reveals that airfares dropped by 8.1% in June compared to the previous month, marking the largest decline in …

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DAL Reports Strong Earnings for 2Q23: Delta Air Lines Achieves Impressive Financial Performance

Nurphoto | Nurphoto | Getty Images Delta Air Lines achieved record-breaking revenue and earnings in its latest quarter, thanks to an unexpectedly strong demand for travel that has defied concerns of an economic slowdown. Outstanding international travel and a significant increase in demand for premium seats, such as first class, were key contributors to Delta’s …

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5 Important Factors to Consider Before the Monday Stock Market Opens

Get ready for the trading day with these essential news updates: 1. Slow start to the second half Stock futures were mixed on Monday morning as major U.S. indexes began the second half of the year with losses. The upcoming release of the consumer price index and producer price index will influence the Federal Reserve’s …

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Spirit Airlines To Become JetBlue’s Primary Focus Following Antitrust Case, Termination of American Airlines Partnership

American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways stated on Wednesday that it will terminate its partnership with American Airlines in the northeastern U.S. following a federal judge’s order to end the agreement. JetBlue’s attention will …

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Despite mounting disruptions, airline stocks continue to rise.

Ahead of the fourth of July holiday weekend, travelers at Hartsfield-Jackson Atlanta International Airport on June 30, 2023, in Atlanta, Georgia, were faced with flight disruptions. Despite this, airline investors have remained unfazed. Between June 24 and July 2, U.S. airlines experienced delays in over 63,000 flights, accounting for 30% of their schedules. Additionally, over …

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